Sep 10, 2014 at 17:21 | Source: Moneycontrol.com
The income tax laws provides for taxation of your income under various heads. Income from house property is one of them.
Sep 10, 2014 at 17:15 | Source: Moneycontrol.com
The problem arises when they are told that as per the globally accepted norms, if a taxpayer is resident in one country but has a source of income situated in another country, there is a situation at hand where his income is taxed in both countries, or Double Taxation occurs.
Sep 08, 2014 at 10:57 | Source: Moneycontrol.com
Cash EPS is calculated by adding all the non-cash transactions like depreciation, amortization, deferred tax and intangibles like royalty to net income of the company and then divide it by total number of shares
Aug 28, 2014 at 17:32 | Source: PTI
The four-member committee will be headed by the Joint Secretary of the Foreign Tax and Tax Research-I unit of the CBDT. It will decide on such cases within of 60 days of receiving them from the Assessing Officer.
Aug 27, 2014 at 10:05 | Source: Moneycontrol.com
Equity Mutual Funds ended in red as the markets consolidate on Tuesday, as investors remained cautious after Supreme Courts verdict on coal block allocation case.
Aug 24, 2014 at 18:51 | Source: PTI
Sebi also said that income tax would be deducted at source, wherever applicable, unless it receives necessary documents for claim of tax exemption along with the refund application.
Aug 24, 2014 at 18:28 | Source: PTI
The taxman, simultaneously, has also initiated action to know the "source of income" of these entities so that any other instance of tax evasion linked to these accounts could be unearthed.
Aug 22, 2014 at 19:13 | Source: Moneycontrol.com
The budget has provided several benefits for individuals but there are some smaller details that every individual needs to look at.
Aug 22, 2014 at 18:41 | Source: CNBC-TV18
CBDT chairman KV Chowdary said the department is aiming to recover the tax and a penalty might be imposed as well.
Aug 22, 2014 at 17:44 | Source: PTI
KV Chowdary, Chairman of CBDT said the net income tax collection during the first four months stood at over Rs 1.51 lakh crore after accounting refunds of nearly Rs 54,000 crore